MGM MIRAGE and Perini Building Company Launch Nationwide Outreach to Find Diverse Contractors for Citycenter

NEWS RELEASE MGM MIRAGE and Perini Building Company Launch Nationwide Outreach to Find Diverse Contractors for CityCenter 3/14/2007 * Construction and Business Management Training Program Created to Prepare Contractors for Work on $7 Billion Project PRNewswire-FirstCall LAS VEGAS MGM MIRAGE and Perini Building Company have launched a nationwide campaign to identify qualified minority, women, and disadvantaged-owned business enterprises (MWDBEs) to participate in the construction of a $7 billion construction project underway in Las Vegas known as CityCenter. Recently, the two companies began distributing brochures and promotional videos to interested companies. Perini is the general contractor overseeing all construction of CityCenter. Additionally, MGM MIRAGE and Perini have created the Construction and Business Management Training Program for diverse contractors who are awarded work on the CityCenter project. The program, which is provided free of cost to participants, will provide contractors with information to strengthen their business and leadership skills, increase project management efficiency and optimize project success. "One of our primary goals is to include as many qualified construction diversity firms as possible as we build CityCenter," said Anderine Cowan, MGM MIRAGE's Construction Diversity Manager. "We have spent the past year reaching out to companies in Las Vegas and now we are expanding the search throughout the U.S. There are numerous opportunities for us to engage contractors." The outreach supports MGM MIRAGE's corporate policy that requires diverse participation in all construction bids. CityCenter is currently the largest privately-funded construction project in the U.S. Anchored on 76 acres, the development will include a 4,000-room hotel tower, casino and convention center; two luxury condominium towers; and two non-gaming hotels. CityCenter will also have 500,000 square feet of retail stores, cafes, galleries, 1 bars and jazz clubs. MWDBEs outside of the Las Vegas area who are interested in opportunities at CityCenter are encouraged to contact the Perini Building Company by visiting www.perini.com; emailing [email protected]; or by calling 702-650-4329. Qualifications needed include a current letter of certification, a Nevada contractor's license, union affiliation and a surety letter from a bonding company. About MGM MIRAGE: MGM MIRAGE (NYSE: MGM), one of the world's leading and most respected hotel and gaming companies, owns and operates 23 properties located in Nevada, Mississippi and Michigan, and has investments in three other properties in Nevada, New Jersey and Illinois. The Company has entered into agreements to sell its three Primm Valley Resort properties located in Primm, Nevada and its Colorado Belle and Edgewater properties located in Laughlin, Nevada. In addition, the Company has major new developments under construction in Nevada, Michigan and Macau S.A.R. CityCenter is a multi-billion dollar mixed-use urban development in the heart of the Las Vegas Strip; a new MGM Grand hotel and casino complex is being built in downtown Detroit; and the Company has a 50% interest in MGM Grand Macau, a hotel-casino resort currently under construction in Macau S.A.R. MGM MIRAGE supports responsible gaming and has implemented the American Gaming Association's Code of Conduct for Responsible Gaming at its properties. MGM MIRAGE also has been the recipient of numerous awards and recognitions for its industry-leading Diversity Initiative and its community philanthropy programs. For more information about MGM MIRAGE, please visit the company's website at http://www.mgmmirage.com/. First Call Analyst: FCMN Contact: [email protected] SOURCE: MGM MIRAGE CONTACT: Media, Reggie Burton, +1-702-650-7438, [email protected], or Laura Garcia, +1-702-650-7439, [email protected], both of MGM MIRAGE Web site: http://www.perini.com/ Web site: http://www.mgmmirage.com/ 2.

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